Nestled in the serene Gill Avenue of Te Atatu Peninsula, Auckland, this freehold property presents a remarkable opportunity. The 124sqm floor area is complemented by 3 bedrooms and a carpark, all set on a spacious 809sqm plot. The home, built with wooden walls and an iron roof, offers a fair condition roof and average walls, making it an ideal canvas for renovation. Since 2017, the Capital Value (CV) has seen a substantial increase of 74.9%, reaching $1,600,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,562,500, aligning closely with the government's valuation. This property not only boasts a promising investment potential but also falls within a desirable school zone. Te Atatu Intermediate, Peninsula Primary, Rutherford College, and St Paul's School in Massey are among the reputable schools in the area, each with a decile rating that signifies a high standard of education.
With a CV that has been rising rapidly, and a recent sale history that speaks volumes about the property's allure, this is a chance not to be missed. The quiet cul-de-sac location adds to the suburban tranquility, while also offering convenient access to local amenities and the city center.
For families with educational priorities, the property is within the catchment area of well-performing schools. Te Atatu Intermediate boasts a decile rating of 6, Peninsula Primary stands at 5, Rutherford College at 5, and St Paul's School in Massey at 4, ensuring a sound educational foundation for children of all ages.
Updated on August 26, 2024